* * UNDER OFFER by ACE REALTY * ** EXPRESSIONS OF INTEREST - CLOSED *Ace Realty proudly presents this high-potential landholding For Sale by Expressions of Interest. All offers must be submitted by Tuesday, 19 May at 4.00pm (AWST), unless sold prior.Positioned on a generous 701sqm landholding in one of Perth's most sought-after inner-city pockets, this property presents an exceptional opportunity for developers, investors, and owner-occupiers alike. Zoned R60, the property offers outstanding redevelopment potential for medium-density housing including townhouses or apartments (STCA), with typical allowances supporting up to three storeys (approximately 11.5 metres). This flexible zoning enables strong yield potential and design versatility in a high-demand urban location, with city views from the property and the potential for more expansive views from a future development.A key feature of the property is the rear right-of-way (ROW) running along the north-eastern boundary, providing direct access to the rear of the site. This configuration enhances development efficiency, allowing for improved vehicle access, rear-loaded designs, and streamlined site planning.A potential four-lot subdivision (maximum), subject to Council and WAPC approval, demonstrates how each lot could benefit from access via the ROW, further reinforcing the site's strong development credentials.The property is zoned R60 - Residential under the Town of Victoria Park LPS2. Planning approval has previously been granted for use as consulting rooms, which may allow for the continuation of this use. Future owners may explore similar or alternative uses, subject to Council approval (STCA), providing additional flexibility while longer-term redevelopment plans are considered.Ideally located just moments from the vibrant Victoria Park café strip and only minutes to the Perth CBD, the property enjoys excellent access to public transport, schools, parklands, and an array of lifestyle amenities. Combining prime positioning, flexible zoning, and strong development fundamentals, this is a rare opportunity to secure a high-potential site in a thriving inner-city precinct.NEARBY: - 50m Albany Highway District Centre shops and cafes- 300m Victoria Park Primary School- 590m Ursula Frayne Catholic College- 880m McCallum Park- 950m Victoria Park Station- 1.4km Hawaiian's Park Centre Shopping Centre- 1.6km Kent Street Senior High School- 1.7km Crown Perth- 2.0km Mineral Resources Park- 5.0km Curtin UniversityAREA (approx.)701sqm (land)59sqm (floor)YEAR BUILT1982ZONINGR60 - Residential (Town of Victoria Park LPS2)RATES (approx.)Council: $2,081 paWater: $1,111 paFor more information, please contact:Frank Sanchez 0419 367 999Michael Quirici 0402 085 533Or email sales@acerealty.com.auPlease note: The sellers reserve the right to sell the property at any stage prior to the set date and time of expiry.
